Busting the cap by Bill Hammond | Reports

The budget crisis in New York’s Medicaid program stems from the failure of a key cost-control measure adopted during Governor Cuomo’s first term. In 2011, Cuomo and the Legislature imposed a “global cap” on state Medicaid spending that was tied to the medical inflation rate. The measure showed signs of working at first, but lost its effectiveness as circumstances changed, loopholes multiplied and compliance faltered.

NYS Healthcare Costs Rise Amid Report Of Pay-To-Play Allegations WAMC

Earlier this year, another fiscal watchdog group,  The Empire Center, found that  Cuomo’s budget office had delayed a $1.7 billion Medicaid payment from the previous fiscal year into the current fiscal year. Because of the delay, the governor was able to keep within a self imposed 2% yearly spending cap.

Feds reviewing Cuomo’s Fidelis deal by Bill Hammond | NY Torch

Federal officials are reviewing the state's expropriation of $2 billion from the sale of Fidelis Care health plan, potentially throwing a wrench into the Cuomo administration's plans for using the money.

More New Yorkers covered by health insurance: report New York Post

An analysis by Bill Hammond of The Empire Center for Public Policy said the continued drop bolsters the case against the Albany Legislature passing a new law imposing a state government-run health insurance, which Democratic candidates for president are pushing for on a national level.

NY’s uninsured rate hits new low by Bill Hammond | NY Torch

Bucking the national trend, New York's uninsured rate dropped for the eighth consecutive year, new data from the Census Bureau show. The share of New Yorkers lacking health coverage in 2018 was 5.4 percent in 2018, down from 5.7 percent the year before. The number of people lacking health coverage dropped by about 72,000, to just over 1 million. Both the rate and the number are roughly half what they were in 2013, the year before the Affordable Care Act went into effect.

Medicaid overage: $665M and rising by Bill Hammond | NY Torch

The newly posted July cash report from the comptroller's office shows that state-funded Medicaid expenditures ran over budget projections by $665 million, or almost 8 percent, through the first four months of the fiscal year. If that pattern continues, the full-year overage would approach $2 billion.